The ninth edition of the Indian Premier League (IPL) cricket tournament, which begins after the ongoing ICC T-20 World Cup concludes next month, is expected to get Sony Pictures Network (SPN, earlier called Multi Screen Media India), the tournament's official broadcaster, close to Rs 1,100 crore in advertising revenue.

Rohit Gupta, president, network sales, at SPN, told this newspaper they'd managed to sell most of the inventory despite hiking ad rates.

The Securities and Exchange Board of India (Sebi) has disposed of insider trading proceedings against Reliance Petroinvestments, a group company of the Mukesh Ambani-led Reliance Industries.

The case date backs to 2007, before the merger of Indian Petrochemicals Corporation (IPCL) with Reliance Industries. A Sebi order in May 2013 had charged Reliance Petroinvestments with insider trading and imposed a penalty of Rs 11 crore on it.

Axis Bank is going the start-up way and giving employees flexible roles and a flexible work environment.

Rajesh K Dahiya, group executive of the country's third largest private sector lender, said from the next financial year, the bank was planning to revise the definition of employment in a bank.

State-run telecom firm Bharat Sanchar Nigam Limited (BSNL) has an outstanding debt of Rs 7,667 crore, as on January 31. On the other hand, Mahanagar Telephone Nigam (MTNL) has an outstanding debt of Rs 13,530 crore, as of end-February, Parliament was informed on Wednesday.

“BSNL’s debt is mainly due to its capital expenditure requirement. This requirement started in June 2010 after the payment of BWA and 3G spectrum charges to the tune of Rs 18,500 crore to the government,” Communications and Information Technology Minister Ravi Shankar Prasad said in a written reply in the Lok Sabha.

Markets regulator Sebi has let off Mukesh Ambani-led RIL Group's Reliance Petroinvestments Ltd (RPIL) in an almost 9-year-old alleged insider trading case involving shares of the erstwhile IPCL on lack of evidence to establish prior access to sensitive information.

Interestingly, Sebi had earlier in May 2013 imposed a penalty of Rs 11 crore on RPIL in the same case, but the order was later set aside by the Securities Appellate Tribunal in December last year and the regulator was asked to look afresh into the case and pass another order within three months.

Finding affordable primary medical care can be a headache for people in India. SeeDoc is one of the newest companies using technology to solve that problem. Based in New Delhi, its mobile app connects pre-screened doctors and patients through video calls. Since launching in November, SeeDoc has been downloaded 300,000 times and handled more than 15,000 video consultations.

SeeDoc was founded by Jaideep Singh and Vivek Bansal, two serial entrepeneurs who have also helmed startups in the United States (Singh co-founded people search engine Spock, which was acquired by Intelius, while Bansal held executive positions at Globespan after it purchased his software startup Ficon Technology).

Sanjiv Misra will continue as Non-Executive Chairman of Axis Bank for next three months, the lender said on Tuesday.

The term of Misra, a nominee of SUUTI, as the Non-Executive Chairman of the bank, expired on March 7, 2016, upon completion of tenure of three continuous years, the filing said.

Leading bourse BSE will conduct a mock trading session on Saturday to test software related to trading and risk management, including algorithmic-based trade.

The move is part of the exchange's efforts to provide its members with a robust and efficient system for trading equipped with better features.

For years, Microsoft built walls between its products and the rest of the industry. Now it is tearing them down.

Microsoft, the world's biggest software company, is known for creating business software that runs only on the Windows operating system. That has made it hard - or impossible - to buy something like a database from Microsoft without first buying Windows to run on a server.

Bombay Stock Exchange has decided to offer 'Liquidity Enhancement Incentive Programmes Schemes (LEIPS)' to as many as 166 securities exclusively listed on the stock exchange.

The eligible securities belong to 'XC' group, which is a new sub-group implemented by BSE for companies listed exclusively on it.

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